The declarations of the letter to the U.S. Congress by the economists concerning the bailouts are evidently specified the disagreement of the source of the letter about the GM bailout. The document stated that the bailout would disrupt the notion of free market in U.S. and that it will break the people who held in the free market (Velasquez, 2012). Also, the bailout and government interference will shift the free market economy into socialism (ibid). The economists and other parties which is convoluted in the making of the letter, sustained the free market economy. They do not approve on government interruption as it disrupts the mechanism of the market that is free of any interference particularly from the government. The sources of the letter thought that it was GM’s own accountability to bail itself out of the insolvency. The bankruptcy was a consequence of bad management of the company and it was its own accountability to resolve the matter. The interference by the government will move the market mechanism. The bailout will disturb the equal right of the people of life, freedom, and possessions as what John Locke’s notion. Furthermore, government meddling will also lower the public’s safety based on Adam Smith’s theory.
Answer:
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<span>On June 25, 1950, the Korean War began when some 75,000 soldiers from the North Korean People’s Army poured across the 38th parallel, the boundary between the Soviet-backed Democratic People’s Republic of Korea to the north and the pro-Western Republic of Korea to the south. This invasion was the first military action of the Cold War. By July, American troops had entered the war on South Korea’s behalf. As far as American officials were concerned, it was a war against the forces of international communism itself. After some early back-and-forth across the 38th parallel, the fighting stalled and casualties mounted with nothing to show for them. Meanwhile, American officials worked anxiously to fashion some sort of armistice with the North Koreans. The alternative, they feared, would be a wider war with Russia and China–or even, as some warned, World War III. Finally, in July 1953, the Korean War came to an end. In all, some 5 million soldiers and civilians lost their lives during the war. The Korean peninsula is still divided today.</span>
Hey I'm not the best but l think it is
90%
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